February 3, 2009 Reported that given severe downturn in the financial markets experienced during the second half of 2008, Minco Gold suspended exploration programs
May 31, 2008 455.6m of underground development was completed. Some un-continuous minor gold
mineralization zones were intersected in tunnels. The general range of the average gold grade in these veins is from 0.22 to 2.55g/t. No major mineable zone was delineated at Level 47.
May 22, 2007 Reported the results of obtained when drilling on the property. The 40 channel samples were collected on vein II 3-1 across the vein width, along a 30 metre strike length on level 112 as tabulated below. The results ranged from 0.01 g/t Au to 158.79 g/t gold with 75% of the samples grading greater than 1 g/t Au and 25 % of the samples greater than 10 g/t Au. The average gold grade for all 40 samples was calculated to be 12.32 g/t, over 1.52m true width.